The Fort Worth Press - SMX Announces Amendment to $111.5M Equity Purchase Agreement

USD -
AED 3.672496
AFN 65.000302
ALL 79.655219
AMD 366.350302
ANG 1.789783
AOA 917.000447
ARS 1512.755797
AUD 1.396843
AWG 1.8
AZN 1.697455
BAM 1.687496
BBD 2.02434
BDT 123.900448
BGN 1.696366
BHD 0.378964
BIF 2999.223469
BMD 1
BND 1.277394
BOB 11.78516
BRL 5.187601
BSD 1.005095
BTN 95.814909
BWP 13.467703
BYN 3.031247
BYR 19600
BZD 2.021493
CAD 1.38975
CDF 2272.999753
CHF 0.808835
CLF 0.02367
CLP 931.569696
CNY 6.72675
CNH 6.731305
COP 3186.89
CRC 453.600242
CUC 1
CUP 26.5
CVE 95.13805
CZK 20.79435
DJF 178.982653
DKK 6.445135
DOP 59.010311
DZD 133.054986
EGP 50.902099
ERN 15
ETB 164.182924
EUR 0.86224
FJD 2.19835
FKP 0.738527
GBP 0.738475
GEL 2.601643
GGP 0.738527
GHS 11.257118
GIP 0.738527
GMD 74.00008
GNF 8835.202761
GTQ 7.672131
GYD 210.284728
HKD 7.838825
HNL 26.962337
HRK 6.4979
HTG 131.492666
HUF 313.8805
IDR 17727
ILS 2.99035
IMP 0.738527
INR 95.199199
IQD 1316.744248
IRR 1374574.999858
ISK 121.229957
JEP 0.738527
JMD 159.319065
JOD 0.708949
JPY 159.72903
KES 129.359985
KGS 87.449693
KHR 4067.299396
KMF 424.999664
KPW 900.000294
KRW 1367.659932
KWD 0.30907
KYD 0.837622
KZT 465.791483
LAK 22540.218034
LBP 90007.204518
LKR 329.621784
LRD 181.924857
LSL 16.079362
LTL 2.95274
LVL 0.60489
LYD 6.370174
MAD 9.287144
MDL 17.377987
MGA 4335.652872
MKD 53.081121
MMK 2100.042393
MNT 3596.901731
MOP 8.116515
MRU 40.437465
MUR 47.110305
MVR 15.459819
MWK 1742.889314
MXN 17.014075
MYR 4.028199
MZN 63.910074
NAD 16.079362
NGN 1345.550194
NIO 36.988783
NOK 9.35915
NPR 153.309461
NZD 1.690435
OMR 0.384501
PAB 1.005091
PEN 3.368004
PGK 4.457291
PHP 62.395503
PKR 278.841496
PLN 3.731575
PYG 5956.022243
QAR 3.663848
RON 4.533501
RSD 101.183039
RUB 86.250372
RWF 1477.486961
SAR 3.776099
SBD 8.000184
SCR 13.800179
SDG 601.498835
SEK 9.588955
SGD 1.272802
SHP 0.740866
SLE 24.625023
SLL 20969.499227
SOS 574.376939
SRD 37.739837
STD 20697.981008
STN 21.138913
SVC 8.794689
SYP 13001.999906
SZL 16.067369
THB 33.142499
TJS 9.297193
TMT 3.51
TND 2.931752
TOP 2.40776
TRY 48.262798
TTD 6.821427
TWD 31.705499
TZS 2654.76601
UAH 44.783196
UGX 3789.473684
UYU 40.474547
UZS 11877.531827
VES 790.677099
VND 26072.5
VUV 117.352648
WST 2.707813
XAF 565.970518
XAG 0.015062
XAU 0.000224
XCD 2.70255
XCG 1.811483
XDR 0.707052
XOF 565.970518
XPF 102.899495
YER 236.524984
ZAR 16.108985
ZMK 9001.202219
ZMW 19.021652
ZWL 321.999592
  • CMSC

    -0.0200

    21.29

    -0.09%

  • JRI

    -0.0500

    12.35

    -0.4%

  • BCE

    0.0600

    23.46

    +0.26%

  • VOD

    0.1600

    16.04

    +1%

  • RBGPF

    0.0800

    70.77

    +0.11%

  • RELX

    0.2400

    36.54

    +0.66%

  • BCC

    -0.0200

    78.75

    -0.03%

  • GSK

    0.5500

    50.82

    +1.08%

  • RYCEF

    -0.2500

    20.5

    -1.22%

  • BTI

    -0.1500

    56.13

    -0.27%

  • RIO

    -1.4800

    103.3

    -1.43%

  • BP

    -0.1900

    42.15

    -0.45%

  • NGG

    -0.0800

    79.35

    -0.1%

  • CMSD

    0.0000

    21.18

    0%

  • AZN

    -1.8200

    162.7

    -1.12%

SMX Announces Amendment to $111.5M Equity Purchase Agreement
SMX Announces Amendment to $111.5M Equity Purchase Agreement

SMX Announces Amendment to $111.5M Equity Purchase Agreement

Increases Convertible Note Component by Additional $5 Million,

For Total Proceeds of up to $116.5M

Text size:

NEW YORK, NY / ACCESS Newswire / December 9, 2025 / SMX (Security Matters) PLC ("SMX"), the pioneer of molecular "physical-to-digital" marking for supply-chain transparency, announced today that it has entered into an amendment (the "Amendment") to its previously announced standby equity purchase agreement (the "Agreement") with accredited investors, to increase the size of the facility by an additional $5 million. In addition, the Agreement was further amended to remove certain obligations of SMX to acquire bitcoin or another cryptocurrency with a portion of the proceeds under the Agreement, as amended, so long as SMX's ordinary shares close above $10/share. The transactions contemplated by the Agreement originally closed on December 3, 2025.

Under the terms of the Amendment, the investors will purchase a new convertible promissory note from SMX in the aggregate principal amount of $5.0 million (with an OID of 20%, for a face value of $6.25 million).

The closing of the issuance and sale of the new convertible note is expected to occur prior to the end of 2025, subject to satisfaction of customary closing conditions.

RBW Capital Partners LLC is acting as the exclusive placement agent for the offering.

A copy of the Amendment and the new promissory note will be available in the Company's Report on Form 6-K that will be filed with the Securities and Exchange Commission ("SEC").

The promissory note and the shares available upon conversion of the promissory note, were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the "1933 Act"), and have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. SMX has agreed to file a registration statement with the SEC covering the resale of the ordinary shares issuable upon conversion of the promissory note.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

For further information contact:

SMX GENERAL ENQUIRIES

E: [email protected]

Follow us through our social channel @secmattersltd

@smx.tech

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example:the ability of SMX to satisfy the conditions under the Purchase Agreement, the Amendment, the promissory note and related agreements; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.

SOURCE: SMX (Security Matters)



View the original press release on ACCESS Newswire

J.P.Estrada--TFWP